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Share market update: Nifty IT index falls; HCL Tech slumps nearly 6%


NEW DELHI: The Nifty IT index was trading 0.61 per cent down at 14,603.8 on Friday with its components trading on a mixed note.

Shares of Infosys (up 1.41 per cent), MindTree (up 0.78 per cent), Tech Mahindra (up 0.56 per cent) and Oracle Financial Services Software (up 0.24 per cent) were trading in the green.

HCL Technologies (down 5.80 per cent), Wipro (down 0.86 per cent), Tata Elxsi (down 0.45 per cent) and Infibeam Avenues (down 0.22 per cent) appeared among the laggards.

Benchmark NSE Nifty50 index was up 47.20 points at 10,648.35 while BSE Sensex was up 202.23 points at 35,514.36.

Among the 50 stocks in the Nifty index, 29 were trading in the green, while 21 were in the red.

Shares of YES Bank, Kotak Bank, Sun Pharma, Idea Cellular, SAIL, Bank of Baroda, Ashok Leyland, ICICI Bank, Tata Motors and HCL Tech were among the most traded shares on the NSE.

Source: Economic Times